Headline
Proposed Tesla Pay Package Could Make Musk World’s First Trillionaire

Tesla’s board on Friday proposed a pay and “performance” package that could make CEO Elon Musk the globe’s first trillionaire if the US electric vehicle maker meets required milestones under his leadership.
The plan, which runs for 10 years and must be approved by shareholders, provides for the granting of shares to Musk based on Tesla’s market valuation, according to a filing with the US Securities and Exchange Commission.
The maximum number of shares he could receive corresponds to 12 percent of the company’s current number of shares, but is conditional on “stratospheric growth” and a market valuation of $8.5 trillion.
The company’s current market capitalization is around $1 trillion. Nvidia, currently the world’s most valuable company, is worth around $4 trillion.
READ ALSO:Elon Musk’s X CEO Resigns
“The preliminary aggregate fair value estimate of the 2025 CEO Performance Award is $87.75 billion,” the filing says, but that would swell to about $1 trillion if Musk hits all the performance targets and collects restricted shares.
In addition to growing the company’s valuation, Musk would also need to meet certain product goals, including delivery of 20 million Tesla vehicles and having one million Robotaxis in commercial operation.
Earlier this month, Tesla announced an “interim” compensation award worth about $29 billion for Musk, asserting the need to retain the controversial CEO at a moment of fierce competition for top talent.
The developments come as Tesla challenges a Delaware court ruling that struck down a 2018 package for Musk of about $55.8 billion.
READ ALSO:Musk Renews Attack On Trump, Says ‘Big, Beautiful Bill Utterly Insane’
Already the world’s richest person, Musk is viewed within the business world as a unique talent after his success with building Tesla and SpaceX into major global companies.
But his stewardship at Tesla has come under scrutiny in the last year as car sales and profits have tumbled.
This trend has been partly due to Musk’s support for far-right political causes, but it is also is related to a sluggish rollout of new auto models after the polarizing Cybertruck sold poorly.
AFP
Headline
Six-year-old Nigerian Girl Dies After Fall From Apartment In Canada
A six-year-old Nigerian girl has died after falling from a high-rise residential building in Toronto, Canada, in a tragic incident that has left the community in shock.
Reports indicate that her mother was in Nigeria at the time of the incident.
The incident occurred at an apartment complex on Chalkfarm Drive in North York, close to Jane Street, at about 8:15 p.m.
Toronto Police Service said officers responded to a report described as “unknown trouble” and later found the child unresponsive on the ground outside the building.
Residents of the building described the girl as cheerful and familiar within the community, saying her death had deeply unsettled neighbours.
READ ALSO:Man With Lengthy Criminal Record Shoots Nigerian To Death Inside Bus In Canada
One resident told CP24 that the child was regularly seen playing around the premises.
“She used to come here all the time and play… she was a lively kid. It’s very, very sad,” the neighbour said.
Another resident said the news had been devastating for people living in the building, adding that the girl was a familiar face during daily routines such as school runs.
“It’s crazy that I will never see this child again. I see her every morning. It’s heartbreaking,” the resident said.
According to neighbours, the girl had been staying with a family friend who lives on the top floor of the building while her mother was away in Nigeria.
READ ALSO:Man With Lengthy Criminal Record Shoots Nigerian To Death Inside Bus In Canada
Some residents also questioned how the incident occurred, noting that the building is fitted with window safety features designed to prevent full opening.
“To be fair, they do have precautions on these windows to make sure these things don’t happen,” one resident said.
Another added that the windows are secured and cannot be fully opened, further adding to uncertainty surrounding the circumstances.
The property management company, Greenwin, which manages the building at 200 Chalkfarm Drive, described the incident as “deeply saddening,” adding that its thoughts are with the child’s family.
READ ALSO:Travel Chaos: Air Canada Shut Down By Flight Attendant Strike
The company confirmed that emergency responders attended the scene promptly and said it is fully cooperating with investigators.
It declined to comment on the condition or inspection history of the windows, citing an ongoing investigation.
Police in Toronto said the case is not being treated as suspicious at this stage, though investigations are continuing pending autopsy results.
Headline
US Govt Finally Releases Files On UFOs, Alien Life
President Donald Trump’s administration has released a batch of previously unseen files, videos and photographs on Unidentified Anomalous Phenomena, UAP.
The government described the development as part of a push for greater transparency on government-held information about extraterrestrial-related sightings.
According to Fox News, the White House said the materials, drawn from across multiple government agencies, have been made publicly accessible without security clearance requirements.
Officials said the release is intended to allow the public to review the information and draw their own conclusions.
READ ALSO:Trump Bows To Pressure, Deletes Post Depicting Self As Jesus
“The latest UAP videos, photos, and original source documents from across the entire United States government are all in one place,” the White House said, adding that past administrations had sought to limit public disclosure.
The release is part of a programme identified as the Presidential Unsealing and Reporting System for UAP Encounters, PURSUE, which officials say will continue with further disclosures.
Among the initial materials are images reportedly linked to Apollo 12 and Apollo 17 space missions, including a photograph from the lunar surface showing three small dots in the sky.
The release also includes transcripts of communications from Apollo 17, in which crew members described observing bright, fast-moving particles or fragments outside their spacecraft.
READ ALSO:Trump Tired Of War In Iran – Shehu Sani
In one exchange, astronauts described seeing “very bright particles” and “jagged, angular fragments” while in orbit, comparing the appearance to fireworks.
Trump previously said he would support declassifying government files related to UFOs and UAPs, following renewed public interest in the subject.
He had earlier directed federal agencies to begin identifying and releasing relevant documents.
Headline
Strait Of Hormuz: Pakistan Thanks Trump For Pausing ‘Project Freedom’
Pakistani Prime Minister Shehbaz Sharif on Wednesday expressed gratitude to United States President Donald Trump for temporarily pausing ‘Project Freedom’, an initiative to secure shipping through the Strait of Hormuz.
In a statement posted on X, Sharif thanked Trump for pausing the “Project Freedom” mission, praising him for his courageous leadership and timely announcement.
According to him, Trump’s decision was made in response to requests from Pakistan, Saudi Arabia and other brotherly countries.
READ ALSO: Oil Prices Drop After Iran Reopens Strait Of Hormuz
He added that the pause would go a long way towards advancing regional peace, stability and reconciliation during the sensitive period.
“Pakistan remains firmly committed to supporting all efforts that promote restraint and a peaceful resolution of conflicts through dialogue and diplomacy.
“We are very hopeful that the current momentum will lead to a lasting agreement that secures durable peace and stability for the region and beyond,” Sharif said.
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